ENI-owned Saipem, UK-based Xodus Group and Japan's Chiyoda Corporation have joined forces to create a new joint venture, Xodus Subsea, focusing on subsea engineering. Xodus Subsea - which will stand alone from the three companies with its own resources and assets - will provide studies…
Yamgaz awarded a contract to Atlantic Gulf & Pacific Co. (AG&P) to supply process modules to the Yamal LNG plant, located in Sabetta, northeast of the Yamal Peninsula. Yamal LNG is the first LNG development venture in the Arctic, and is one of the largest LNG projects in the world…
Subsea Expo 2015 has issued its call for speakers. The conference, organizer Subsea UK’s flagship event, will be held at the Aberdeen Exhibition and Conference Centre during 11-13 February 2015. Speakers subjects have been announced,…
Iona Energy UK Ltd. finalized agreements with CNR International Ltd. for the off-take arrangements for the Orlando field development located in the UK northern North Sea. Map of the Orlando and Kells developments…
Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…
Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…
Colombian national oil company Ecopetrol awarded Ross Offshore AS a well management contract in the Caribbean. The contractconsists of total well management of Molusco 1 in RC-9, area hired with the Colombian national oil agency ANH by Ecopetrol and ONGC…
Shell began its first deepwater development in Malaysia with the Gumusut-Kakap floating platform. Shell's Gumusut-Kakap. From Shell. The Gumusut-Kakap field is off the coast of Malaysia…
DeepOcean UK completed work on the Liwan 3-2 development offshore China. The project is part of the Liwan gas project, located 300km southeast of the Hong Kong, and includes the Liuhua 34-2 and Liuhua 29-1 fields. All three fields share a subsea production system…
CNOOC Ltd. began drilling the WZ12-10-2 well, the second and last of the two-well project in the Beibu Gulf Block 22/12, offshore China. Beibu map. From Horizon Oil. The exploration well is located 1…
Watch as the 16,000-tonne steel jacket is installed on Total’s Martin Linge development located approximately 180km west of Bergen in the Norwegian sector of the North Sea. The eight-legged jacket left the Verdal yard for the…
Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659…
Keppel Offshore & Marine Ltd. (Keppel O&M) wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd were awarded contracts worth approximately US$120 million. From Keppel Bumi…
Brazil’s Petrobras hit a new gas accumulation at the Tanganika well in Block BM-ES-21 located in the Espírito Santo basin, 72km off the coast of the Espírito Santo state. The Cidade de Vitória FPSO. From Saipem…
Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…